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Technology Stocks : eBay - Superb Internet Business Model

EBAY 82.80

-1.3%

1:57 PM EST

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To: Doug Fowler who wrote (2357)	3/24/1999 7:09:00 AM
From: donkeyman	Read Replies (1) of 7772

Can anyone confirm this? I was reading EBAY has 129 million shares outstanding. Is this large number of shares the result of that 3-1 split? For example, if someone owned 1000 shares of EBAY at $300.00/share prior to the split, after the split their share value would have dropped to $100.00/share but the number of shares would have been boosted from 1000 to 3000 shares. Is this where the 129 million comes into play? (43 million x 3 = 129 million). How many shares were outstanding before the split? 43 million?? Now it's 129 million?? One other question. Did EBAY have approx. 43 million shares outstanding first when they came on the Nasdaq, last fall? Was there any IPO's involved? I'm trying to compare the situation with the #1 Canadian Internet E-commerce auction company, BID.COM that will appear on the Nasdaq shortly. The last time I looked last week, BID.COM had a PE of under 15. What would be EBAY's PE or market cap? Thanks!!

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